Singapore, April 18 -- Aidoc, the leading provider of AI solutions for radiologists, announced a $27 million investment, bringing its total funding to $40M. The Series B round, led by Square Peg Capital, will be used to grow Aidoc's technology and go-to-market team to support the high market demand for its products.

Elad Walach, Aidoc co-founder and CEO said, "From the 100 sites we're already working with, mounting evidence is demonstrating real value to patients. We feel a responsibility to get this technology into as many hospitals as possible, as soon as possible. Our aim is to reach 500 hospitals in the next 2 years and we're proud to partner with Square Peg to support this growth."

The funding comes as Aidoc announced that it has a...